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  • Marsh & McLennan Companies (MMC) chairman Jeffrey Greenberg has followed in his father’s footsteps by being appointed to a prestigious position on the New York Stock Exchange’s (NYSE) executive board.
  • French reinsurer Scor hopes that longevity risk business will make up about 3 percent of its global life premiums within three years, according to reports.
  • US retailer Brown & Brown registered a 3.3 percent decline in organic revenues for the final three months of 2010.
  • Scor increased its gross written premium for its 1 January renewals by 13 percent to EUR2bn as the French reinsurer continues to outgrow its rivals.
  • Bermudian short-tail specialist Montpelier Re drew more than 97 percent of its 2010 underwriting income from reserve releases as claims came close to doubling.
  • Insurance specialists Edwards Angell Palmer & Dodge LLP (EAPD) and London-based Kendall Freeman have confirmed plans to merge the two law firms today (30 October), as predicted by The Insurance Insider last week.
  • The Insurance Insider's new regular feature on asset management in the P&C (re)insurance sector…
  • US insurer Allstate Corp has been granted a ten-day stay against a suspension order from the Florida Office of Insurance Regulation (FOIR), enabling it to continue writing new business in the state while it provides the regulator...
  • Australian (re)insurer QBE has rebranded its European operations which means the loss of the name of its Lloyd's (re)insurance arm, Limit.
  • Japanese backer Sompo establishes fraud at controversial US aviation reinsurance The three Japanese insurers who discovered they owed more than $3bn after backing a North Carolina managing agency won a significant victory in the United States last mo